Simple is Beautiful; the only thing came in my mind when thought of documentary collection. And I think more and more people are thinking the same in these days. Documentary Collection offers us far greater security than selling on open account; but not as much as a documentary credit. We should therefore be more cautious before starting selling using this method of payment. Documentary Collection Forum is an effort to help you on this way – admin; besttradesolution.com

Seller will present the original shiiping documents ro his bank which is a presenting bank or a remitting bank. The remitting bank will inturn the forward the dcuments to the buyers bank which is called as a collecting bank.
Remitting bank will authorize the collecting bank to release the documents against payment or acceptance